You borrow $225 for eight years of an interest rate of 6%. How much interest will you pay after eight years?
2 answers:
Answer:
you pay 108 dollars after 8 years
Answer:
You will pay $13.50 in interest and end up paying $238.50 total after the eight years
Step-by-step explanation:
225 x 0.06 = 13.5
225 + 13.5 = 238.5
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